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U.S. Economy Topics

Economy

Democracy Now! stories, posts and pages that relate to U.S. Economy

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  • Walmartwarehousesettlement
    Just days after President Obama praised Wal-Mart’s business practices in a speech at one of its California stores, more than 1,800 warehouse workers in the state have settled a major wage theft lawsuit against one of the retail giant’s largest contractors. On Wednesday, workers at three California warehouses used by Wal-Mart agreed to settle a wage theft lawsuit by accepting a $21 million settlement. The workers had sued Wal-Mart...
    May 15, 2014 | Story
  • Matttaibbi
    Award-winning journalist Matt Taibbi is out with an explosive new book that asks why the vast majority of white-collar criminals have avoided prison since the financial crisis began, while an unequal justice system imprisons the poor and people of color on a mass scale. In "The Divide: American Injustice in the Age of the Wealth Gap," Taibbi explores how the Depression-level income gap between the wealthy and the poor is mirrored by...
    Apr 15, 2014 | Story
  • 978-0-8129-9342-4
    Read part of "The Divide: American Injustice in the Age of the Wealth Gap," by Matt Taibbi, who joined us to examine one of the "greatest challenges we face in contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive crimes of the wealthy, and implicates us all."
    Apr 14, 2014 | Web Exclusive
  • Imaginelivinginasocialistusa
    We end today’s show looking at a new book titled "Imagine: Living in a Socialist USA." The book features essays by many prominent people, including Michael Moore, Angela Davis, Frances Fox Piven, Martín Espada, Rick Wolff and Democracy Now! co-host Juan González. The book comes out at a time when polls show Americans aged 18 to 29 have a more favorable reaction to the word "socialism" than "capitalism." The...
    Apr 11, 2014 | Story
  • Allpresidentsbankerscover
    Read an excerpt of "All the Presidents’ Bankers: The Hidden Alliances that Drive American Power," by reporter, Nomi Prins, who joined us Tuesday to discuss the hundred-year interdependence between the White House and Wall Street.
    Apr 08, 2014 | Web Exclusive
  • Wallstreet
    With U.S. inequality at its highest point since 1928 and Wall Street bonuses hitting pre-2008 levels, we look at the 100-year history of secret collusion between Washington and the financial industry. In her new book, "All the Presidents’ Bankers: The Hidden Alliances that Drive American Power," financial journalist Nomi Prins explores how a small number of bankers have played critical roles in shaping a century’s worth...
    Apr 08, 2014 | Story
  • Wells_fargo
    A new internal report says the Justice Department massively overstated its successes in targeting mortgage fraud while in fact ranking it as a low priority for investigation. The Justice Department’s inspector general says despite playing a central role in the nation’s financial crisis, mortgage fraud was deemed either a low priority or not a priority at all. This comes as a recently revealed internal Wells Fargo document appears...
    Mar 21, 2014 | Story
  • Obama-sotu3
    On issues from domestic inequality to foreign policy, President Obama delivered his fifth State of the Union with a vow to take action on his own should Congress stonewall progress on his agenda. But will Obama’s policies go far enough? We host a roundtable with three guests: Jeremy Scahill, producer and writer of the Oscar-nominated documentary "Dirty Wars: The World is a Battlefield" and senior investigative reporter at First...
    Jan 29, 2014 | Story
  • Lopez-new3
    Two months after 47 million food stamp recipients were hit with $5 billion in cuts, more are on the way as lawmakers finalize a new farm bill. The measure is likely to slash another $9 billion in food stamps over the next decade, depriving more than 800,000 households of up to $90 in aid per month. We look at how politicians have used coded racial appeals to win support for cuts like these and similar efforts since the 1960s with Ian Haney...
    Jan 14, 2014 | Story
  • Lbj-2
    Fifty years ago this week, President Lyndon B. Johnson launched his "war on poverty," which led to many of the federal and state initiatives low-income Americans rely on today — Medicaid, Medicare, subsidized housing, Head Start, legal services, nutrition assistance, raising the minimum wage, and later, food stamps and Pell grants. Five decades later, many say another war on poverty is needed. We are joined by Peter Edelman,...
    Jan 09, 2014 | Story